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Photo – JSW Steel plans to invest $1 billion in decarbonization of capacities
JSW Steel plans to invest $1 billion in decarbonization of capacities

The company aims to become carbon neutral by 2050 and reduce CO2 emissions by 42% by 2030

Photo – India will import coking coal from Mongolia on a test basis
India will import coking coal from Mongolia on a test basis

Thus, the country seeks to diversify the supply of key raw materials

Photo – India increased iron ore exports by 20% y/y in January-June.
India increased iron ore exports by 20% y/y in January-June.

In 6 months, Indian mining companies shipped 20.26 million tons of ferrous metals abroad

Photo – Indian government discusses growth of Chinese steel imports
Indian government discusses growth of Chinese steel imports

Leading steel companies are calling for an increase in import duties

Photo – India cuts rolled steel exports to six-month low in May
India cuts rolled steel exports to six-month low in May

Eexports last month amounted to about 0.5 million tons

Photo – India will stimulate iron ore enrichment for the needs of steelmakers
India will stimulate iron ore enrichment for the needs of steelmakers

Due to the growth of steel capacities, the availability of raw materials with a higher iron content remains in question

Photo – JSW Energy is developing India’s largest green hydrogen project
JSW Energy is developing India’s largest green hydrogen project

The company is preparing to become the main supplier of green energy for JSW Steel in the future

Photo – Steel demand in India to grow by 8-10% in FY2024/2025 – Tata Steel CEO
Steel demand in India to grow by 8-10% in FY2024/2025 – Tata Steel CEO

The situation in China will continue to affect the prices of steel products in India

Photo – India’s iron ore exports fell by 53% m/m in March
India’s iron ore exports fell by 53% m/m in March

Shipments of raw materials fall for the third month in a row, mainly due to lower demand from China

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